Tag: fraud detection

The Reserve Bank of India is set to launch the Digital Payments Intelligence Platform (DPIP), an AI-driven system designed to proactively detect and prevent payment frauds in real time. This initiative aims to enhance the security of India's rapidly growing digital economy by leveraging advanced analytics and cross-institutional data sharing.

Resistant AI has successfully closed a $25 million Series B funding round, led by DTCP with significant participation from existing investors. The capital will be used to expand its advanced anti-fraud and financial crime detection technologies into new markets and enhance its threat intelligence capabilities, positioning the company for profitable growth.